Legal Insights
Plain-language guides and case briefs on Philippine law — researched from the firm's law library of 184,000+ statutes, Supreme Court decisions, and agency issuances, and written so non-lawyers can understand and act on them.
Rehabilitation Denied: The Imperative of Financial Viability in Corporate Recovery
Philippine Supreme Court ruling clarifies that corporate rehabilitation requires proven financial viability, not just creditor payment delays.
Finality of Judgment vs Insolvency Proceedings: Protecting Creditors' Rights
Philippine Supreme Court clarifies when a final and executory judgment prevails over insolvency stay orders, and the proper remedy for assignees.
Corporate Liquidation vs Labor Claims: How the Supreme Court Resolved the Conflict
When a company under rehabilitation is ordered liquidated, labor claims must be filed with the liquidator, not executed separately. Learn the rule.
Piercing the Corporate Veil: When Are Corporate Officers Personally Liable in the Philippines
Philippine Supreme Court clarifies when corporate officers may be personally liable and the limits of SEC jurisdiction over suspension of payments.
Suspension of Payments in the Philippines: Who Can File and What Are the Limits
The Supreme Court clarifies that only corporations, partnerships, or associations—not individuals—may file for suspension of payments under PD 902-A.